Soroti, Uganda | THE INDEPENDENT | Police has fired teargas to disperse hundreds of traders at Otuboi market. By 7 am Saturday, traders had convened at the market that operates every Saturday. This was after the Kaberamiado RDC, George Edward Onyakunapesa, told the traders that they are free to go …
Read More »AMOS NZEYI: Proposals to stimulate the economy and build more local resilience
COMMENT | Amos Nzeyi | First of all, I would like to thank you and your cabinet- for the courageous leadership thus far- especially the decisions announced on March 18th 2020 which among others include the decision to temporarily disperse areas of population concentrations such as school, religious, political and …
Read More »Gov’t asked to suspend OTT
Kampala, Uganda | THE INDEPENDENT | Government has been asked to waive off the “over-the-top” (OTT) tax, commonly known as the social media tax to ease communication and access to information during the Corona Virus (COVID-19) outbreak. On Wednesday, March 18, 2020, President Yoweri Museveni ordered for the closure of universities, …
Read More »ICEA Uganda marks 20 years
Kampala, Uganda | THE INDEPENDENT | The Insurance Regulatory Authority CEO Ibrahim Lubega Kaddunabbi has said the industry is ripe for disruption as advances are made in the digital space especially in the insur-techs. He warned that insurance players should therefore ensure that there are constantly evolving their methods to …
Read More »GM Cotton: Kenya beats Uganda in planting first seed
The East African nation is pinning growth of its textile sector on new crop The Independent | ISAAC KHISA | Kenya has made history as it joined six other African countries in commercial cultivation of BT cotton. Peter Munya, the country’s Agriculture Cabinet Secretary planted the first BT cotton seed …
Read More »URBRA’s new plan for retirees
The regulator wants members to keep their money longer with pension schemes or get paid in installments Kampala, Uganda | JULIUS BUSINGE | The Uganda Retirements Benefits Regulatory Authority (URBRA) is in advanced stages of preparing a policy proposal for the ministry of finance to consider and convince retirees to …
Read More »CNOOC’s Kingfisher project approved
NEMA’s approval paves way for construction of oil field facilities Kampala, Uganda | RONALD MUSOKE | Uganda’s environmental agency, NEMA, has approved CNOOC’s environmental and social impact assessment report for the Kingfisher project following ten months of scrutiny and evaluation. Dr. Tom Okurut, NEMA’s executive director issued the certificate of …
Read More »UNOC starts trading in petroleum products
Kampala, Uganda | THE INDEPENDENT | The Uganda National Oil Company Limited (UNOC) has today launched its petroleum products business. UNOC will import and sell petroleum products in bulk to registered local oil marketing companies, a move that will position UNOC, with Government support, within the petroleum products supply chain. According …
Read More »Bank of Japan unveils emergency measures over virus
Tokyo, Japan | AFP | The Bank of Japan on Monday unveiled a series of emergency monetary policy measures to shore up the world’s third-largest economy, as the coronavirus pandemic threatens a global recession. In a meeting brought forward by two days, the BoJ said it would double its annual …
Read More »COVID-19: Wash hands after counting money
Kampala, Uganda | THE INDEPENDENT | There is need to exercise high levels of hygiene especially when dealing with currencies, Dr. Yonas Tegegn Woldemariam, the WHO country director has advised. He explains that touching money is one of the fastest ways through, which the Corona virus can be spread since …
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